The l> ly Collegian University updates bicycle policy By Neha Prakash COLLEGIAN STAFF WRITER | nqpsol9@psu.edu University policy regarding bicycle use and safety was updated last week to address concerns stemming from a grow ing population of bike riders on campus, a university official said. “The goal is to have comprehensive bicycle circulation and safety, to have understandable regulations and also to encourage bicycling as a mode of trans portation,” said Annemarie Mountz, assis tant director of public information. The increase in bicycle use has made university officials realize the lack of knowledge among cyclists for appropriate and inappropriate behavior when using a bicycle and prompted the policy update, Mountz said. The new policy, which Mountz said focuses mainly on safety issues, includes rules such as no bikes permitted on any Wall Street jumps again, but investors remain concerned By Christopher S. Rugaber and J.W. Elphinstone ASSOCIATED PRESS WRITERS Wall Street’s best day in two weeks and one of its best ever was a joy less rally. Even a manic, final-hour stampede of buying that sent the Dow Jones industrials soaring almost 900 points did nothing to dispel the feeling that the market could turn on investors in an instant. H HARRISON'S Wine Grill & Catering Over2l? FREE Wine Tasting Wednesdays 6-7 p.m. HarrisonsMenu.com 1221 East College Avenue • 814.237.4422 Till Daii a Collegian News 814-865-1828 Business 814-865-2531 sidewalks along any campus roads, no bikes allowed on any pedestrian roads in the main part of campus, bikes can only be ridden on approved bike routes and auto mobile thoroughfares, and bikes must be secured to racks and not parked inside buildings. The laws are meant to be preventative measures against pedestrian, motor and bicycle collisions, said Tyrone Parham, deputy chief for Penn State Police. “If a bicycle goes blasting through a stop sign, because they are not following policy, they are in danger if a car comes, or they put a pedestrian in danger if they cross,” Mountz said. Steve Maruszewski, deputy associate vice president for the Office of Physical Plant, said he has seen a “dramatic increase” of bikers on campus, adding he even noticed faculty and staff using bikes as their primaiy form of transportation. “This new policy will make it more con- But the extraordinary, lurching Any other day like this the Dow rose 936 points, its best ever, no other came out today or yesterday that volatility that has gripped Wall Street and the Standard and Poor’s 500 both single-day rally has come close in would take it up or down. We’re all since the financial meltdown began in rose almost 11 percent might have terms of points to what happened groping for something meaningful to mid-September meant there were no ended with boisterous cheers and Tuesday. talk about,” said Bob Andres, chief guarantees the rally would hold, not paper tossed into the air. Analysts ventured a number of investment strategist at Portfolio even for a few days. On Tuesday, 4 p.m. came with mea- explanations for the sudden rally Management Consultants. Investors are expecting a cut in ger applause. * including coming interest rate cuts, “The market is exhausted from interest rates when the Federal “I don’t think it will be a sustained bargain hunting, a market desperate going down.” Reserve announces its decision some- move,” said Matt King, chief invest- to find a bottom and the expectation The mood on Main Street is decid time today. ment officer at Bell Investment that banks, at the urging of the White edly more pessimistic, and new data But they’re also staring into an eco- Advisors. House, will quit hoarding money and Tuesday showed Americans are more nomic abyss, bracing for a recession of The Dow finished 889 points higher start making loans. depressed than market analysts had a depth no one knows for sure. to close at 9,065. On Oct. 13, the Dow “There is nothing fundamental that expected. *• College Ave. • venient for bike use on campus,” Maruszewski said. Maruszewski, who conducted a study to find the impact of greenhouse gases on the environment because of campus behavior, said he found transportation played a major role. “Our estimated annual total is that 54 million miles are driven by Penn State commuters at University Park. ... That means three million gallons of gasoline per year,” Maruszewski said. “We are encouraging use of bicycles to reduce the overall emissions associated with vehicu lar use to reduce our impact on global warming.” The increase in bike riders has also prompted a need to add bike racks around campus to fit the new policy. There have been about 100 new bike racks added in the past years, but more are needed, Maruszewski said, adding bikes are many times seen tied to trees and fences. © qtlic Mrilrr Proudly invites you to share m our 75$ Anniversary Celebration Sunday, Nov gth- This is me party you won't want to miss! 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The Volstead Art would soon take its plaee as the 18 th Ainmendment, better known as Prohibition of the sale of beverages containing more than 2% alcohol. Gone was lawful access to fee soothing nectar of popular choice. But in 1933, when President Fanklin D, Roosevelt took office, he tugged at the stopper with his vow to legalize beer. Finally at 5:32 p.m., Utah would completely pull the plug with its 36th “yea” vote and two dates later THE GREENROOM RATHSKEL LER & GARDENS would throw open its doors and welcome thirsty Pennsylvanians into the fourth oldest licensed bar in the state. The Story Continues— www.hollywoodtans.cbm rrly w'h D vaiic Steph Witt/Collegian Students ride their bikes on Pollock Road Tuesday. Penn State officials recently updated some of the rules for local bikers. NOVEMBER 6, 1933 www.theskeller.com $lO off first month's membership Recwve *lO of' y-. y e'-tch in -,u ~ipnr>-rs. Vahc a! S’*! 1 * Co iui.p. 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